K
Seller's Agent in 2021
Kate Leonard
Compass / Lila Delman Compass
(401) 952-3461
3 in this area
38 Total Sales
31 Bowery St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $3,836,000 - $6,155,000
11
Beds
9.5
Baths
6,613
Sq Ft
$805/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Wood Flooring
- Walking Distance to Water
- 1.31 Acre Lot
- 5 Fireplaces
- 3-minute walk to Aquidneck Park
About This Home
As of September 2021"Clover Patch" is a unique estate property built in 1855. It is a true "family compound" for those wishing to enjoy privacy with family and guests and still be located within walking distance to Bellevue Avenue, Thames Street, restaurants and shopping. Located in an R20 zone, this property sits on 1.31 acres of land. In total there are 11 bedrooms and 9-1/2 bathrooms. The estate consists of a main house w/ guest wing, additional guest house, heated greenhouses, and a heated pool. The grounds have received awards for their specimen trees and plantings. The main house with guest wing consists of 4803 sf that includes 7 bedrooms and 7-1/2 baths. The first level of the main house features a paneled sitting room with fireplace, living room w/fireplace, large eat in kitchen, butler's pantry, dining room w/ fireplace, laundry, half bath, and loggia breakfast room. The loggia breakfast room overlooks the pool and grounds. The second level master bedroom wing has a fireplace, dressing room, and bathroom with steam shower and 2 additional ensuite bedrooms. The guest wing has a first level office/ensuite bedroom and library/ensuite bedroom plus 2 ensuite bedrooms on the second level. The separate guest house consists of 1810 sf with 4 bedrooms, 2 baths, living room and kitchen. An attached potting shed houses the washer/dryer. 'Clover Patch' has been well-maintained and offers an opportunity to not only enjoy a private sanctuary but an opportunity to house family, guests, or staff.
Last Listed By
Compass / Lila Delman Compass License #RES.0031901 Listed on: 05/01/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,678
Year Built
- Built in 1855
Lot Details
- 1.31 Acre Lot
- Property is zoned R20
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Wood Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 6,613 Sq Ft Home
- 2-Story Property
- 5 Fireplaces
- Marble Fireplace
- Fireplace Features Masonry
- Security System Owned
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- In Ground Pool
- Walking Distance to Water
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Oil
- Radiant Heating System
- Baseboard Heating
- Oil Water Heater
- Cable TV Available
Community Details
- Bellevue Estate Area Subdivision
- Public Transportation
Listing and Financial Details
- Tax Lot 094
- Assessor Parcel Number 31BOWERYSTNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2021
Closed on
Sep 22, 2021
Sold by
Avenue Residence T and Monks-Higgins
Bought by
Bloom Mitchell S and Bloom Lauroe M
Seller's Agent
Kate Leonard
Compass / Lila Delman Compass
Buyer's Agent
Paul Leys
Gustave White Sotheby's Realty
List Price
$5,750,000
Sold Price
$5,200,000
Premium/Discount to List
-$550,000
-9.57%
Total Days on Market
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,408
Avg. Annual Appreciation
6.67%
Original Mortgage
$3,500,000
Outstanding Balance
$3,191,236
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,402,503
Purchase Details
Closed on
Aug 14, 2019
Sold by
Joan B Bird Ret and Bird
Bought by
Cherry Cottage Llc
Purchase Details
Closed on
Sep 21, 2004
Sold by
Ewing Marc and Lee Lisa
Bought by
Herrick Jason and Herrick Anita
Purchase Details
Closed on
Sep 12, 1995
Sold by
Amory Jan Olympitis
Bought by
Desrosiers Donald F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bloom Mitchell S | $5,200,000 | None Available | |
| Bloom Mitchell S | $5,200,000 | None Available | |
| Cherry Cottage Llc | $1,350,000 | -- | |
| Cherry Cottage Llc | $1,350,000 | -- | |
| Herrick Jason | $2,500,000 | -- | |
| Desrosiers Donald F | $490,000 | -- | |
| Herrick Jason | $2,500,000 | -- | |
| Desrosiers Donald F | $490,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bloom Mitchell S | $3,500,000 | |
| Closed | Bloom Mitchell S | $3,500,000 | |
| Previous Owner | Desrosiers Donald F | $100,000 | |
| Previous Owner | Desrosiers Donald F | $500,000 | |
| Previous Owner | Desrosiers Donald F | $392,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $5,200,000 | -9.6% | $786 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 05/01/2021 05/01/21 | For Sale | $5,750,000 | -- | $869 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $44,612 | $5,427,200 | $2,384,600 | $3,042,600 |
| 2023 | $38,587 | $3,889,800 | $1,204,100 | $2,685,700 |
| 2022 | $36,481 | $3,796,200 | $1,204,100 | $2,592,100 |
| 2021 | $35,104 | $3,762,500 | $1,204,100 | $2,558,400 |
| 2020 | $33,989 | $3,306,300 | $1,172,100 | $2,134,200 |
| 2019 | $33,989 | $3,306,300 | $1,172,100 | $2,134,200 |
| 2018 | $33,030 | $3,306,300 | $1,172,100 | $2,134,200 |
| 2017 | $33,795 | $3,014,700 | $1,021,900 | $1,992,800 |
| 2016 | $32,951 | $3,014,700 | $1,021,900 | $1,992,800 |
| 2015 | $32,167 | $3,014,700 | $1,021,900 | $1,992,800 |
| 2014 | $27,696 | $2,296,500 | $484,100 | $1,812,400 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Leonard
-
Paul Leys
P
Buyer's Agent in 2021
Paul Leys
Gustave White Sotheby's Realty
(401) 862-6706
4 in this area
49 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1280766
APN: NEWP-000033-000000-000094
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